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Global markets were jittery this morning ahead of the key US retail sales data for February. Dealers say that this could impact on local financial markets today. Another factor weighing on investor mood is concern that China could tighten monetary policy further on rising inflation. One positive factor was ...
Read Story at SABCNews (2010-03-12)
Retail sales weakened further as the current economic climate put the brakes on consumer spending, according to data released today. Statistics SA said April"s retail sales dropped an annual 6.7 % compared with a revised 4.9 % decline in March. The data clearly illustrated that South Africa"s economy was struggling ...
Read Story at SABCNews (2009-12-09)
Submit your comment THE RAND weakened against the dollar on Friday and stocks retreated from their highest level in a week after disappointing US retail sales data dragged global markets lower. Trading in South Africa was thin as the World Cup kicked off with a match between the hosts ...
Read Story at IOL BusinessReport (2010-06-14)
Retail trade sales increased in January, Statistics South Africa said today. This was the first year-on-year increase in nine months, it added. According to the Pretoria-based agency, January"s data on retail sales showed a year-on-year rise of 1.7% compared to December"s revised contraction of 0.2%. This was not in line ...
Read Story at SABCNews (2010-01-20)
Retail trade sales increased in January, Statistics South Africa said today. This was the first year-on-year increase in nine months, it added. According to the Pretoria-based agency, January"s data on retail sales showed a year-on-year rise of 1.7% compared to December"s revised contraction of 0.2%. This was not in line ...
Read Story at SABCNews (2010-01-20)
Submit your comment The JSE extended its losses in midday trade on Friday tracking negative global sentiment. A trader noted some profit taking on the local bourse ahead of the weekend, while markets will eye US April retail sales data out later. By noon the JSE all share ...
Read Story at IOL BusinessReport (2010-05-14)
January"s retail sales show that South African consumers are gradually resuming their shopping trips. Figures just released by Statistics South Africa indicates that retail sales fell much lower than expected in the first month this year. According to Stats SA retail sales contracted by 1.7% in January after falling 3.7% ...
Read Story at SABCNews (2010-03-17)
Hopes for stable interest rates have received a blow. Statistics South Africa says South Africa's retail sales, the main indicator of consumer demand, rose to 12.3% in November. Retail sales rose to 8.7% in October. Economists say the rise in retail sales shows that consumers were not ...
Read Story at SABCNews (2007-01-17)
Retail sales data for December released by Statistics South Africa (Stats SA) show that growth in sales over the Christmas spending season was "phenomenal", and the spending spree is likely to continue, according to Standard Bank. Commenting on the latest sales data, which showed growth of 8.9% year-on-year in ...
Read Story at Sunday Times (2006-03-08)
February retail sales down, rate cut possible * Economists expected annual growth for February sales April 14, 2010 Submit your comment South Africa"s retail sales unexpectedly fell in the year to February, data showed on Wednesday, suggesting consumer demand might take longer than forecast to recover after last year"s ...
Read Story at IOL BusinessReport (2010-05-19)
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